Edit: FIXEDI had to set the VU1 to superVU recompiler at some point for compatibility in the past, and never set it back.

Largely fixed save for the odd distanced polygon by setting it to microVU Recompiler.

For those of you who can't view the video, polygons warp everywhere even if framerate is solid.

Here are my settings.

The issue has popped up on all renderers under both hardware and software mode.
Here are my hardware specs in the off chance that they are the problem, although I seriously doubt they are.
Computer Information:
Manufacturer: Lenovo
Model: IdeaCentre K330
Form Factor: Desktop
No Touch Input Detected

Please post the contents of the emulog.txt file after the problem occurs. The file can be found in "My Documents\PCSX2\logs" for the installer version or in "PCSX2\logs" for the portable/binary version.